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Old Jan 11, 2008, 11:44 AM   #1
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System Specs

SCi ends takeover talks

Source: Gamesindustry
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SCi has announced that it has ended discussions with a number of companies over the prospective sale of the business.

The news that it had entered into talks of a possible takeover emerged last September, but in a statement the company has revealed that no formal offers were received "within the timeframe requested".

Additionally the company Board has stated its belief that no "sale of the company for its full value is likely to be achieved at the current time" and so all discussions on the subject "have been terminated today."
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